Budgeting is a key component of risk management. Risk managers are often assigned a role in budgeting because they are the ones who can best assess what processes and operations are likely to cause financial trouble for the business.
The Weimar Republic. After Germany lost the First World War, the Kaiser fled and a new democratic government of Germany was declared in February 1919 at the small town of Weimar. It was too dangerous to make a declaration in Berlin where there had just been a revolt by a Communist group called the Spartacists.he Weimar Republic looked like the perfect democracy, but it had two great weaknesses-proportional representation and Article 48.
One of the main reasons the Weimar republic fell from power was the treaty of Versailles, the German people thought all the bad things that had happened to them and their country were a result of it. In addition to this there were parties from the left and right challenging them.